DIGITALBRIDGE GROUP INC (DBRG) Stock Technical Analysis
NYSE:DBRG - New York Stock Exchange, Inc. - US25401T6038 - Common Stock - Currency: USD
Taking everything into account, DBRG scores 6 out of 10 in our technical rating. In the last year, DBRG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
65% of all other stocks performed better in the past year than DBRG.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DBRG has an average volume of 3120940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DBRG is part of the Capital Markets industry. There are 232 other stocks in this industry, DBRG did better than 43% of them.
DBRG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DBRG is lagging the market slightly.
In the last month DBRG has a been trading in the 8.61 - 12.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, DBRG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.89, a Stop Loss order could be placed below this zone.
More info and screens
10.02
14.10
When analyzing the support we notice one important area.
- A support zone ranging from 10.12 to 10.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 10.80 to 10.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.44 to 11.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.96 to 11.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.24 from a horizontal line in the daily time frame.
- Resistance @13.96 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DBRG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBRG is up. |
| ChartMill Relative Strength | 35.47 | NEUTRAL | DBRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DBRG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DBRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.32 | NEUTRAL | The RSI value for DBRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DBRG has a negative trend. |
| Stochastics (14,3) | 31.73 | NEUTRAL | The Stochastics value for DBRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for DBRG suggests some volalility. |
| Average Directional Index/ADX (14) | 39.53 | POSITIVE | The high ADX value value for DBRG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.11 | 10.79 | 0.32 (2.89%) | 25.00% |
| An entry @11.11. This is a Buy Stop order right above the 10 day moving average. | An exit @10.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.32 points, which is 2.89%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DBRG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.72
-0.18 (-1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.65%
1 Week-1.45%
2 Weeks0.28%
1 Month25.87%
3 Month10.66%
6 Month-15.11%
12 Month-15.83%
2 Year-25.9%
3 Year-44.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%4.91%
ATR Inc-32.24%
Range Today0.37
ADR(20)0.51
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.47
Mansfield-1.25
10 Day High11.59
10 Day Low10.68
20 Day High12.17
20 Day Low8.61
52 Week High17.33
52 Week Low6.41
CS1 End10.89
CR1 Start11.44
Volume & EV
DER(3)-1.76%
DER(5)-0.34%
Volume1.79M
Volume Incr-33%
Vol(5)2.33M
Vol(50)3.12M